Dai­hatsu now wholly owned by Toy­ota

China Daily (USA) - - BUSINESS -

Ja­pan’s 10-year best sell­ing man­u­fac­turer of light ve­hi­cles Dai­hatsu Mo­tor Co be­came a wholly owned unit of Toy­otaMo­tor Corp onMon­day. Toy­ota, which pre­vi­ously owned about 51 per­cent of Dai­hatsu, con­firmed onMon­day that it has ac­quired the rest of Dai­hatsu shares through an eq­uity swap.

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